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KuCoin integrates Legend Trading to add fiat on-ramp with zero fees

KuCoin integrates Legend Trading to add fiat on-ramp with zero fees

KuCoin wants to offer its customers a smoot fiat-to-crypto payments experience, with zero fees…

The post KuCoin integrates Legend Trading to add fiat on-ramp with zero fees appeared first on CoinJournal.

KuCoin integrates Legend Trading to add fiat on-ramp with zero fees

KuCoin wants to offer its customers a smoot fiat-to-crypto payments experience, with zero fees and deep liquidity.

KuCoin, a global crypto trading platform offering more than 700 digital assets and accessible in 207 countries, has integrated major fiat-to-crypto payments gateway Legend Trading to bring its customers a new fiat on-ramp with zero fees.

A strategic partnership with Legend Trading

KuCoin’s integration of the fiat on-ramp provider follows a new strategic partnership between the two companies, which as reported, will see KuCoin customers seamlessly access crypto purchases via bank transfers. 

Specifically, the partnership allows the exchange’s customers to buy and sell crypto with top fiat currencies such as USD, EUR, AUD and JPY.

The “People’s Exchange” is also using the collaboration to tap into Legend Trading’s institutional-grade technology to bring users a fiat on-ramp with not just zero fees, but also competitive pricing, deep liquidity and access to larger bank transfers.

KuCoin CEO Johnny Lyu said in a press release that the partnership with Legend Trading will help the exchange expand its services across the globe. 

The KuCoin chief added that while the platform already supports more than 50 fiat currencies and 70+ payment methods, including VISA, Mastercard and PayPal, the partnership is a huge step as it adds another gateway to crypto newcomers.

According to Lyu, the collaboration offers the crypto community more trading options.

Legend Trading is a key crypto player

Legend Trading provides its fiat-to-crypto gateway solution to numerous companies within the crypto industry, including cryptocurrency exchanges, wallets, and banks. 

The firm also operates an over-the-counter (OTC) service, offering deep liquidity for brokerage firms, investment advisors, corporations, and family offices among other clients.

The platform’s services allow integrations that support crypto buying and selling with credit card, debit card and bank transfer – which can be completed via seven major fiat currencies: USD, GBP, EUR, AUD, CAD, JPY and CHF.

The post KuCoin integrates Legend Trading to add fiat on-ramp with zero fees appeared first on CoinJournal.

Source: CoinJournal: Latest Bitcoin, Ethereum & Crypto News

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Altcoins

Billionaire David Rubenstein says ‘crypto is not going away’

The Carlyle co-founder David Rubenstein also believes Congress will not overregulate the crypto industry.…

The post Billionaire David Rubenstein says ‘crypto is not going away’ appeared first on CoinJournal.

  • The Carlyle co-founder David Rubenstein also believes Congress will not overregulate the crypto industry.

David Rubenstein, co-founder and co-chairman of Carlyle, a global private equity firm, believes crypto is here to stay.

Rubestein, who aired his views on the crypto sector in a recent interview with Bloomberg, however suggests key factors that might drive one to crypto is if they are worried about government intervention or regulation and want to keep their money in something the authorities have no control over.

The billionaire businessman was speaking to fellow billionaire, Citadel founder and CEO Ken Griffin, during the launch of the Carlyle exec’s book “How to Invest”.

Asked what he thought of cryptocurrencies as part of his views on investing, Rubestein said he previously looked at it as gambling.  But even then, he says those who allocate a percentage of their net worth into gambling or such other ventures, need to only use that which they can afford to lose.

So with crypto that was my view for some time. If you get pleasure by watching the screens all day and saying you’ve just made a lot of money in crypto and so forth, you know allocate just enough so if you lose it it’s not the end of the earth,” he said.

I now think that crypto is not going to go away the way some people have thought. And while you can argue it’s worthless, in some respects many things that people buy are maybe worthless,” Rubestein added.

Crypto not the ‘worst thing’ to invest in

The veteran businessman also touched on the aspect of “a libertarian view of life” in crypto, where the need to have assets that the government can’t control is increasingly seeing the industry lobby Congress for certain legislation. 

According to him, this appears to be pretty effective at the moment, and his opinion is that Congress will not overregulate the crypto industry.

And while he thinks crypto might attract people out to keep their money from the government- like Russian oligarchs whose assets were confiscated as part of Western sanctions, or a Chinese investor worried about the same should China invade Taiwan –  he says certain factors make crypto “not the worst thing” to hold.

Why is this so? 

You can move it anywhere around the world. It’s not going to be devalued by government inflation. It’s not the worst thing to put some of your money in,” he offered.

Rubestein said he has not personally invested in any particular cryptocurrencies. However, he is invested in “companies that service the industry” as he believes the industry as a whole is here to stay.

And like the internet, computers or smartphone trends or such other past trends, the young people are almost always at the forefront. The crypto revolution is no different, he opined.

People who are in their 70s don’t usually start economic trends really,” he opined.

The post Billionaire David Rubenstein says ‘crypto is not going away’ appeared first on CoinJournal.

Source: CoinJournal: Latest Bitcoin, Ethereum & Crypto News

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